The FCA’s priorities
At first glance, firms will not be surprised by many of the FCA priorities that are set-out in the Plan. Indeed, having read the priorities in isolation, you would be forgiven in feeling that this was “business as usual” for the FCA, following on from their Business Plan for 2020/21 and the various papers they have delivered since then.
At their core, the FCA’s priorities boil down to the following:
Consumer protection remains a major priority for the FCA and the Plan contains further explanations as to how the FCA will seek to pursue the four consumer priorities originally set out in its Business Plan for 2020/21:
- enabling consumers to make effective investment decisions;
- ensuring consumer credit markets work well;
- making payments safe and accessible; and
- delivering fair value for consumers.
For further information on the FCA’s focus on consumer protection, please read our